electrovac AG Reports 20% Revenue Growth, Driven by Personal Safety and Aerospace & Defence
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electrovac AG, a specialist in hermetic glass-to-metal packages for protecting safety- and system-critical electronics, has reported significant growth in revenue and earnings based on preliminary figures for the 2025/2026 financial year ended March 31, 2026. Revenue increased by approximately 20% year-on-year to around EUR 118.0 million, up from EUR 98.2 million in the previous year. Earnings before interest and taxes (EBIT) rose by about 56% to approximately EUR 14.2 million, compared to EUR 9.1 million last year. The EBIT margin improved to 12.0% from 9.3%. Adjusted for costs related to the initial public offering during the reporting period, EBIT reached around EUR 14.8 million, with an adjusted EBIT margin of 12.5%.
The positive development was primarily driven by increased demand in both strategic business areas: Personal Safety and Aerospace & Defence. The company also benefited from the successful expansion of production capacity at its plant in Thailand and positive pricing effects. Dieter Thumfart, CEO of electrovac, stated, “We are very pleased that the positive trend communicated in connection with our initial public offering in April has continued, driven in particular by a strong second half of the 2025/2026 financial year. Looking at the current financial year, this development continued as expected in the first quarter. Following our successful initial public offering, we are now ideally positioned to further expand our market share and strengthen our technological leadership in glass-to-metal packages for the Personal Safety and Aerospace & Defence business areas.”
In the first quarter of the current 2026/2027 financial year, revenue reached approximately EUR 31.5 million, about 14% above the previous-year level. The company recorded very strong order intake, particularly in the Aerospace & Defence sector, but also in the Industrial sector, with book-to-bill ratios of 2.96 and 1.66, respectively. This indicates robust future demand and underscores the company's strategic positioning in high-growth markets.
For the Texas business community, electrovac's performance highlights the growing importance of specialized electronic components in safety and defense applications. As companies in Texas and beyond increasingly rely on advanced electronics for critical systems, electrovac's glass-to-metal sealing technology ensures reliability and protection in harsh environments. The company's expansion in Thailand also reflects global supply chain diversification, which may influence sourcing decisions for Texas-based manufacturers. electrovac AG will publish its audited annual and consolidated financial statements for the 2025/2026 financial year on August 14, 2026, and will hold an earnings call at 11:00 a.m. CEST on the same day. For more information, visit www.electrovac.com.
